Flattening Yield Curve
The term structure of interest rates and the direction of the yield curve can be used to judge the overall credit market environment. A flattening of the yield curve means longer-term rates are falling in comparison to short-term rates, which could have implications for a recession. Source: investopedia.com
I have been tracking the yield curve from time to time, and it is getting flattening. One of the warning sign ahead, and as US market are still consider uptrend for now but I will proceed with caution for any long entry.
Another comparison that I will track will be the 10 Years Yields vs Fed. Fund Rate. Normally, 10 Years and Fed. Fund Rate will moving in convergence, but starting to show divergence. This is another warning sign ahead once both of it crossed each other.